A Bond Has a $1,000 Par Value,semiannual Interest Payments of $40,and

question 72

Multiple Choice

A bond has a $1,000 par value,semiannual interest payments of $40,and a current market value of $1,054.The bonds mature in 12.5 years.The coupon rate is _____ percent,the current yield is _____ percent,and the yield to maturity is _____ percent.

• A)8.00; 7.67; 7.72
• B)8.00; 7.72; 7.64
• C)8.00; 7.59; 7.33
• D)8.50; 7.87; 7.73
• E)8.50; 8.12; 8.19